Truist Finl Corp Stock Price, News & Analysis

Truist Financial Corporation (NYSE: TFC) has announced the redemption of its $1.5 billion floating rate senior notes that were originally due July 28, 2026. The redemption will occur on July 28, 2025, with noteholders receiving 100% of the principal amount plus accrued and unpaid interest.

Truist, a leading U.S. commercial bank with $536 billion in total assets as of March 31, 2025, will process the redemption through The Depository Trust Company facilities. The bank maintains significant market share across high-growth markets nationwide, offering comprehensive financial services through its wholesale and consumer businesses.

Truist Financial Corporation (NYSE: TFC) has launched Truist Merchant Engage, an integrated merchant services platform designed for small and medium-sized businesses (SMBs). The platform, powered by Pollinate, marks Truist's first-to-market implementation in the U.S. and will be rolled out from June 2025 through early 2026.

The platform unifies business banking and merchant services into a single digital experience, featuring real-time dashboards, dynamic onboarding, and self-service tools. This initiative targets the $40 billion U.S. merchant acquiring market, addressing the needs of over 30 million SMBs that currently spend up to a full day weekly on administrative tasks due to non-integrated services.

Truist Financial Corporation (NYSE: TFC) has received notification from the Federal Reserve regarding its preliminary stress capital buffer requirement of 2.5% for the period from October 1, 2025, to September 30, 2026. Combined with the minimum Basel III Common Equity Tier 1 (CET1) capital ratio of 4.5%, this establishes a minimum CET1 ratio requirement of 7.0%.

As of March 31, 2025, Truist reported $47.8 billion in CET1 capital and a CET1 ratio of 11.3%, exceeding the new minimum requirement by 4.3%. The company plans to maintain its current quarterly common stock dividend of $0.52 per share, subject to board approval. Additionally, Truist's $5 billion share repurchase program remains active with approximately $2.8 billion of capacity remaining after second quarter repurchases.

Truist, headquartered in Charlotte, North Carolina, is a top-10 commercial bank with total assets of $536 billion as of March 31, 2025, maintaining leading market share in many high-growth U.S. markets.

Truist Financial Corporation (NYSE: TFC) announced significant expansion of its Commercial and Corporate Banking business through key leadership appointments and strategic hires. The expansion includes the appointment of Rob Chesley and Evelyn Kudelski as Co-Heads of Financial Institutions Group, Benjamin Wright as Head of Industrials and Services, and Laura Chittick as Head of Healthcare.

The company is actively recruiting across key segments including Consumer and Retail, Energy and Infrastructure, Financial Institutions, Healthcare, Industrials and Services, Media and Telecom, and Technology. This nationwide expansion, led by Jim Pirouz, head of Corporate Banking, aims to enhance industry-specific expertise and deliver comprehensive financial solutions to clients across the United States.

Truist Financial Corporation (NYSE: TFC), a leading U.S. commercial bank with $536 billion in total assets, has scheduled its second-quarter 2025 earnings release and conference call for July 18, 2025. The financial results will be released before market opens, followed by a conference call at 8 a.m. ET. CEO Bill Rogers and CFO Mike Maguire will host the call, which will be accessible via webcast or dial-in. Truist, headquartered in Charlotte, North Carolina, is a top-10 commercial bank offering various financial services including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, payments, and specialized lending.

Truist Financial Corporation (NYSE: TFC) has appointed Charles Alston to lead its newly formed Nonprofit Hospitals, Higher Education and Government (HHG) banking team. The HHG team, part of Truist Specialized Industries, serves over 1,000 clients including nonprofit hospitals, colleges, universities, and government entities, offering services in public finance, trading, payments, credit, and cash management. Alston brings over 30 years of financial services experience, with 20 years focused on hospitals, higher education, and nonprofits. Previously, he served as market executive for Bank of America's Healthcare, Higher Education, and Not-for-Profit business in the Southeast. He holds a business administration degree from UNC Chapel Hill and will be based in Jacksonville, Florida, reporting to Jason Cagle, head of Specialized Industries.

Truist Financial Corporation has significantly expanded its commercial banking presence in Ohio and Western Pennsylvania by adding twelve experienced bankers across key markets. The expansion includes strategic hires in Cleveland, Columbus, Cincinnati, and Pittsburgh, with notable additions like James Spagnolo and Eric Hersom in Pittsburgh, Chris Abraham in Cleveland, Jody Moore and Brad Mullenix in Columbus, and Brad Russell in Cincinnati. These seasoned professionals bring decades of experience in commercial, corporate, and middle market banking. The expansion demonstrates Truist's commitment to strengthening its regional presence and enhancing its ability to serve local business communities with comprehensive financial solutions including corporate finance, credit services, and cash management.

Truist Financial Corporation (NYSE: TFC) has appointed Jonathan Pruzan to its board of directors and risk committee. Pruzan, currently serving as co-president of Pretium, brings 35 years of financial services experience to Truist. Prior to Pretium, he spent nearly 30 years at Morgan Stanley (1994-2023), where he held key positions including Chief Operating Officer, Chief Financial Officer (2015-2021), and head of corporate strategy (2016-2021). At Morgan Stanley, he was a member of various crucial committees and led the global financial institutions group as managing director from 2010 to 2015.

Truist Financial Corporation (NYSE: TFC) announced that Chairman and CEO Bill Rogers will present at the Morgan Stanley US Financials Conference on June 11, 2025, at 9:45 a.m. ET in New York City. The presentation will be available via live audio webcast on Truist's investor relations website, with a replay accessible for 30 days.

Truist, headquartered in Charlotte, North Carolina, is a leading U.S. commercial bank with total assets of $536 billion as of March 31, 2025. The company provides various financial services through its wholesale and consumer businesses, including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, payments, and specialized lending.